enron

Former Enron Executive Pleads Guilty, to Cooperate with Prosecutors

By PBS News Hour

Richard Causey, Enron Corp.'s former executive vice president and chief accounting officer, pleaded guilty Wednesday to securities fraud in connection to the filing of the company's 2001 quarterly report.

Citigroup Settles Enron Lawsuit for $2 Billion

By PBS News Hour

Citigroup Inc., the nation's biggest financial institution, has agreed to pay $2 billion to investors in a class-action lawsuit accusing the company of helping energy giant Enron doctor its financial statements and create off-the-books partnerships.

Former Enron Chairman Faces Criminal Indictment

Former Enron Chairman and Chief Executive Kenneth Lay surrendered to the FBI in Houston Thursday morning and pleaded not guilty to 11 federal criminal counts stemming from the 2001 collapse of the once formidable energy trading company.

Former Enron Chief Executive Indicted, Pleads Not Guilty

By PBS News Hour

Jeffrey Skilling, the former Enron Corp. chief executive who led the company as it veered toward collapse in a massive corporate scandal, was charged Thursday with fraud, insider trading and lying about the corporation's finances.

Former Merrill Lynch Executives Indicted in Enron Fraud Probe

Three former Merrill Lynch executives surrendered to federal authorities in Houston Wednesday to face criminal charges involving a 1999 transaction that enabled Enron Corp. to deceive its investors and artificially inflate its earnings reports.

Former Enron Treasurer Gets Five-Year Prison Term

Former Enron Corp. treasurer Ben Glisan on Wednesday pleaded guilty to a federal conspiracy charge, becoming the first executive incarcerated for participating in an accounting scheme that prompted the company's sudden collapse.

Banks Agree to Pay $300 Million for Alleged Enron-Related Misconduct

U.S. authorities on Monday said J.P. Morgan Chase Co. and Citigroup Inc. agreed to pay a total of $300 million to settle allegations they helped Enron Corp., the failed energy services corporation, hide financial problems from its investors.

Enron Files Bankruptcy Reorganization Plan

Enron Corp. on Friday filed a reorganization plan that would allow the company to emerge from bankruptcy, but pay the majority of creditors only a small fraction of what they're owed.

Nine Former Enron Executives Face New Criminal Charges

Federal prosecutors announced new charges against nine former Enron executives, including former Chief Financial Officer Andrew Fastow and his wife, as the government expands its investigation into the collapse of the Houston-based energy company.

Former Enron Chief Financial Officer Indicted on 78 Counts

A federal grand jury in Houston on Thursday indicted former Enron Chief Financial Officer Andrew Fastow on 78 counts, alleging he organized complex financial deals to inflate the energy-trading company's revenues and defraud its investors.